Sunday, June 3, 2012

Volatility

The new crop ( the crop that has just been seeded ) canola has been over $12 / bu for a couple of months . That is really high compared to most years. As crops got seeded we went ahead and put in a target for a little more per bushel. I asked for 440 bushels at $12.49 / bushel. After a few days they hit that target! If we sold it today for fall delivery we would have got $12.22... that's a little bit extra money that can go a loooooong way !